2019 TND to MZN Historical Review

YEARLY HIGH

22.5585 MZN

YEARLY LOW

20.2598 MZN

YEARLY AVERAGE

21.3970 MZN

2019 TND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 22.5585. Conversely, the yearly low was recorded on August 11, dropping to 20.2598.

This high-to-low spread represents a total annual volatility of 2.2987 MZN. From a start-to-finish perspective, comparing the January average rate of 20.7950 to the December average rate of 22.2398, the exchange rate registered a net change of 6.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 22.5585 was down 13.61% compared to the 2018 peak of 26.1139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 112,793 MZN

2018 Average 114,854 MZN

Yearly Trough Low 101,299 MZN

Transaction Impact: A difference of 11,493.67 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

22.4592

20.5683

JanuMarcMayJulySeptNove

TND to MZN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 20.9908, compared to 21.8033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8125 points.

H1 Avg (Jan–Jun) 20.9908

H2 Avg (Jul–Dec) 21.8033

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 1.6281 MZN (High: 21.9826 / Low: 20.3545). On the other end, April was the most stable month, with a tight range of 0.2941 MZN (High: 21.5168 / Low: 21.2227).

February Spread (Volatile) ±1.6281

April Spread (Stable) ±0.2941

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3569 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 22.2398) against the same month in 2018 (average: 20.7380), the exchange rate shifted by +1.5018 (+7.24%).

2019 Avg (December) 22.2398

2018 Avg (December) 20.7380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.9040	20.4954	20.7950
February	21.9826	20.3545	20.7259
March	21.1973	20.5273	20.7811
April	21.5168	21.2227	21.3798
May	21.4248	20.7166	21.1183
June	21.9101	20.7110	21.1448
July	21.6794	21.2929	21.5745
August	21.6441	20.2598	21.2176
September	21.6612	21.2885	21.5538
October	22.1567	21.6172	21.9324
November	22.5228	22.0389	22.3017
December	22.5585	21.7231	22.2398